An international cybercrime operation was traced back to an unlikely source: a warlord controlling a remote part of Myanmar.The U.S. Department of Treasury said it believed Saw Chit Thu and his sons Saw Htoo Eh Moo and Saw Chit Chi were using their control over the Karen region of Myanmar bordering Thailand to operate a hub for … Read more
President Donald Trump’s tariffs are hitting tech companies hard, or at least they are in this one specific case. Wyze, a company that specializes in security equipment like cameras, took to X on Wednesday to share an example of what tech companies are going through right now. According to Wyze, one shipment of floodlights accrued … Read more
Shares in the US tech giant were one of Wall Street’s biggest casualties in the days immediately after Trump announced his reciprocal tariffs. About $700 billion was wiped off Apple’s market value in the space of a few days. Earlier this week, Trump said he would consider excluding US companies from his tariffs, but added … Read more
Nov 01, 2024Ravie LakshmananVulnerability / Cloud Security Cybersecurity researchers have flagged a “massive” campaign that targets exposed Git configurations to siphon credentials, clone private repositories, and even extract cloud credentials from the source code. The activity, codenamed EMERALDWHALE, is estimated to have collected over 10,000 private repositories and stored in an Amazon S3 storage bucket … Read more
Microsoft reported quarterly earnings that impressed investors and showed how resilient the company is even as it spends heavily on AI. Some investors have been uneasy about the company’s aggressive spending on AI, while others have demanded it. During this quarter, Microsoft reported that it spent $20 billion on capital expenditures, nearly double what it … Read more